Biodiversity finance grew ahead of COP16 but came mostly as loans, says OECD
Funding for efforts to protect and restore nature increased to $15.4 billion in 2022 – mostly driven by concessional loans from multilateral banks
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OECD reforms set to give “green” projects better export finance
OECD countries agree to extend support for ‘climate-friendly’ projects. But vague definitions and inclusion of contested activities worry campaigners.
Bid to end export credit help for oil and gas fails, with Korea and Türkiye opposed
The EU, UK and Canada wanted fellow OECD members to commit to stop supporting foreign fossil fuels before Donald Trump takes over as US president
Rich countries fall $17bn short of 2020 climate finance goal
2020 was the deadline for delivering the $100bn climate finance promise
OECD: One-fifth of climate finance goes to adaptation as share of loans grows
Donor countries mobilised $78.9 billion of climate aid in 2018, but developing nations are expected to pay back nearly three quarters of the money
Climate finance: A gaping wound that needs healing
ANALYSIS: The rich say they’re coughing up, the poor say they’re not getting enough, emerging economies are kicking off. Who’s right?
OECD countries to phase out coal export credits
NEWS: Hidden subsidy for dirty power plants will be eliminated, as Japan, Australia and South Korea drop objections
Pathway to $100bn emerging ahead of Paris climate summit
ANALYSIS: Cash demands from developing countries reinserted into text during UN talks in Bonn, as World Bank official hails progress
Coal is not as cheap as you think, says OECD chief
NEWS: Resist urge to build new coal-fired plants now, or strand more assets later, Angel Gurria tells countries
Japan, Germany, Korea fuelling growth of coal power
NEWS: Study from Oil Change International reveals biggest culprits in bankrolling overseas projects using dirtiest energy source
OECD: Rich countries will suffer as planet warms
NEWS: Disasters will be more frequent and complex across even the most advanced economies, warns OECD report
OECD proposes plan for ‘zero emissions’ at Davos
Fossil fuel subsidies and pricing carbon fundamental to cutting global greenhouse gas emissions says Angel Gurria
World’s richest nations ‘failing’ to address climate change
The OECD, a club of the world’s richest countries, says members failing to prevent dangerous climate change, despite efforts to rein in pollution
Analysis: world’s finance chiefs are taking aim at fossil fuels
Heavyweights of world finance have fired warning shots at the fossil fuel industry by calling for cutbacks in its subsidies
OECD chief: carbon price vital to address climate change
Head of Organisation for Economic Co-operation and Development says concerted action from rich nations is urgent
No bailout for the Earth’s climate, warns OECD chief
Morning summary: OECD head to address climate change in speech; South Korea and China discuss climate cooperation; and World Bank and IMF heads discuss climate finance